Costco's Platinum Bars Signal Growing Interest in Precious Metals
Brandon notes that Costco's platinum bars indicate "a rising interest in diversifying portfolios with precious metals." While gold remains a stable investment, platinum's retail availability suggests a broader appeal during economic uncertainties. This trend highlights the value of tangible assets as a hedge against volatility, reinforcing gold's enduring role as a financial anchor.
Gold and Platinum: Essential Diversifiers for Novice Investors
Brandon highlights gold's role as a "crisis asset" and suggests a 10-20% allocation. He notes platinum's industrial demand and potential, recommending a 5% allocation. Brandon predicts a bullish outlook for both metals due to economic factors. He advises caution with Costco's limited purchase policy, which may hinder effective diversification.
Platinum Set to Surge: A Precious Metal on the Rise
Brandon highlights a platinum shortage due to its use in missile cones and green hydrogen production. With geopolitical tensions and market volatility, he predicts a price surge, potentially tripling current levels. Despite past declines, platinum's scarcity and industrial demand position it to outperform gold and the S&P 500, offering a safe haven for investors amidst economic uncertainty.